Industry
Industry ESS News
Industry ESS News

In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.

The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.

In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.

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Latest News

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Northland Power closes financing for 1.2 GWh battery storage projects in Poland With construction underway and certain risks now behind it, Northland's Polish battery storage portfolio has secured financing for the project.
Tristan Rayner
4 hours ago
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Hebei Juhang and Kohinoor Energy plan battery manufacturing plant in Pakistan Chinese battery manufacturer signs memorandum of understanding (MoU) with Kohinoor Energy Limited for assembly and manufacturing plant. The MoU comes as Pakistan’s energy regulator mandates battery energy storage systems (BESS) in its next solar and wind tender.
Matthew Lynas
Oct 02, 2026
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CBAK Energy to add 12 GWh sodium-ion cell production capacity in Nanjing Chinese lithium-ion battery manufacturer signs investment agreement with Nanjing Gaochun Economic Development Zone. Separate 6 GWh expansion planned for existing Nanjing facility expected by year-end 2026.
Matthew Lynas
Oct 02, 2026
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Batteries from Canadian Solar
Copenhagen Infrastructure Partners backs 1.4 GWh battery in Scotland Copenhagen Infrastructure Partners (CIP) has made a final investment decision (FID) on a four-hour battery energy storage system (BESS) in Scotland, which it says will be the longest-duration asset in its UK fleet.
Brian Publicover
Oct 02, 2026
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Shared grid connections concentrate battery insurance risk Tokio Marine GX (TMGX) sees exposures of up to billions of dollars building up at co-located battery energy storage system (BESS) sites, and says lenders are only beginning to require cyber cover.
Brian Publicover
Oct 01, 2026
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Wärtsilä and RCT Solutions launch storage integrator Valo Wärtsilä has moved its battery energy storage system (BESS) business into a 50/50 joint venture with RCT Solutions, which it expects to remain loss-making until late 2027.
Brian Publicover
Oct 01, 2026
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Hoymiles doubles down on storage in Europe after H1 loss Chinese microinverter maker Hoymiles is promoting its commercial and industrial (C&I) and utility-scale battery energy storage systems (BESS) across Europe, as storage grows to more than three-quarters of its sales.
Brian Publicover
Sep 30, 2026

All Industry news

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Spanish battery startup HESStec backed by Austrian utility Verbund and ABB Valencia's HESStec (Hybrid Energy Storage Solutions Ltd.) has developed its Intelligent Node Management System (INMS) and offers patented hybrid energy storage solutions.
Sandra Enkhardt
Jun 16, 2025
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Italian region allocates funding for renewables, energy storage for business Sardinia's councillor for industry, Emanuele Cani, announced grant funding for small and medium-sized enterprises (SMEs) in the Sulcis Iglesiente mining region and said a wider program of help would be offered across the island in due course.
Massimiliano Tripodo
Jun 13, 2025
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Why long-duration doesn’t pay – yet. Despite growing recognition of long-duration storage’s importance, independent system operator (ISO) and regional transmission organization (RTO) market structures in the US still reward short-term response, leaving developers little financial incentive to build batteries with more than two hours of capacity.
Phoebe Skok
Jun 13, 2025
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Voltfang opens ‘Europe’s largest second-life battery factory’ The German company raised €15 million ($17.3 million) in Series B investor finance and has expanded its battery energy storage system (BESS) manufacturing facility in Aachen so it can now be scaled up to 1 GWh per year.
Jochen Siemer
Jun 13, 2025
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Germany’s Reconcept issues energy storage bond The new investment has a maximum issue volume of €5 million ($5.73 million). The annual, fixed interest rate is 6.75%.
Sandra Enkhardt
Jun 12, 2025
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Australian battery startup develops innovative separators Battery technology startup Voltavate has secured AUD 850,000 ($553,000) in an oversubscribed, 'pre-seed' funding round led by Australian investor Artesian.
David Carroll
Jun 12, 2025
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EU to back 10 battery materials projects ouside the block The European Commission has named projects in Ukraine, Norway, Greenland, Madagascar, Kazakhstan, New Caledonia, Canada, Brazil, Zambia, Serbia, and South Africa to secure supplies of graphite, nickel, cobalt, lithium, and manganese.
Pilar Sanchez Molina
Jun 11, 2025
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US battery supplier Powin files for bankruptcy The Oregon-based business has been hit by steepling tariffs as it imported lithium iron-phosphate (LFP) battery components from China.
Max Hall
Jun 11, 2025
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Battery makers bullish about Brazilian market prospects Chinese and Brazilian battery energy storage system (BESS) manufacturers and installers are preparing to invest in a promising market beset by rising energy costs and unreliable grid supply just as battery prices have fallen.
Alessandra Neris
Jun 11, 2025

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